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Former Liverpool FC owners launch legal challenge

Wed 1st Dec 2010 | Legal

Former Liverpool Football Club co-owners Tom Hicks and George Gillett are heading back to court in the latest twist in the ownership saga.

The pair lost control of the club - and £140million - when the Reds were sold in October to New England Sports Ventures for £300m.

During the legal manoeuvrings, an anti-suit injunction was taken out when Hicks launched a £1billion lawsuit in Dallas trying to halt the sale of the club.

It’s now understood that Solicitors for the duo want to discharge the suit, which currently runs indefinitely, in a move which could result in them launching a bid for damages.

A High Court date has been set for February 9 and 10 to be heard before Mr Justice Floyd, who ruled the deal with NESV could go ahead.

Hicks and Gillett will be represented in court against NESV, now the Fenway Sports Group, the Royal Bank of Scotland and former Liverpool chairman Martin Broughton.

Speaking to the Daily Express, Keith Oliver, from solicitors Peters and Peters said, "It is hoped that the hearing will enable the dispute between the various parties to be unravelled and the way forward to be determined.

"They (Hicks and Gillett) feel very wronged by the process and will consider their options."

But it is thought Broughton is unconcerned by the latest legal move and believes the motion will be defeated.

 

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